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Market Overview

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Robert Sancrainte

Benzinga Staff Writer

December 12, 2012 1:40 PM
Rare earth mining company Molycorp (NYSE: MCP) announced Tuesday that its Board of Directors had replaced the company's President and CEO, Mark Smith. ...
December 12, 2012 9:34 AM
Aegis Capital Corporation today initiated coverage of four Chinese biotech and biomedical firms that are expected to perform well in the near future. ...
December 11, 2012 10:11 AM
Wireless service provider Ruckus Incorporated (NYSE: RKUS) is expected to experience significant growth in the next few years, according to reports pu ...
December 10, 2012 3:01 PM
Shares of Molycorp (NYSE: MCP), a leading rare earths and rare metals company, soared on Monday amid positive speculation about the company's future m ...
December 10, 2012 11:08 AM
Ingersoll Rand (NYSE: IR) announced that it will be splitting its commercial and residential security businesses into a brand new company on Monday. ...
December 07, 2012 9:29 AM
As its share price has declined, the value of Hewlett-Packard (NYSE: HPQ) has sunk below the $31 billion it has spent over the past five years on take ...
December 06, 2012 9:51 AM
Chevron Corporation (NYSE: CVX), the world's fourth largest energy company, reported decreased oil and natural gas production in the third quarter, th ...
December 05, 2012 10:00 AM
Citigroup, Inc. (NYSE: C), the nation's third-largest bank, said that it will take a pretax charge of $1 billion this quarter in a plan that will elim ...
December 05, 2012 9:04 AM
Freeport-McMoRan Copper & Gold (NYSE: FCX) purchased McMoRan Exploration (NYSE: MMR), an oil and gas company that split from Freeport in 1994, the ...
December 04, 2012 10:35 AM
Stock in Advanced Micro Devices, Inc. (NYSE: AMD), the second-largest maker of personal computer processors, traded higher Monday and today after its ...
December 04, 2012 9:17 AM
Toll Brothers Inc. (NYSE: TOL), the nation's largest builder of luxury homes, reported earnings today for fourth quarter and fiscal year 2012, which e ...
December 03, 2012 11:10 AM
All major car manufacturers – Ford (NYSE: F), General Motors (NYSE: GM), Chrysler (OTC: FIATY), Toyota (NYSE: TM), and Honda (NYSE: HMC) – are rep ...
December 03, 2012 11:02 AM
Cerberus Capital Management LP is working with Supervalu, Inc. (NYSE: SVU) on a possible acquisition deal to buy Supervalu's entire business. Superva ...
December 03, 2012 9:23 AM
In an effort to keep its Lincoln brand competitive in the luxury car market, Ford Motor Company (NYSE: F) has announced it will unveil an aggressive n ...
November 30, 2012 11:22 AM
Tellabs Inc. (Nasdaq: TLAB) and St. Jude Medical Inc. (NYSE: STJ) are the latest companies to announce that they will be repurchasing shares of outsta ...
November 30, 2012 11:11 AM
Shares of Yum Brands (NYSE: YUM) fell in after-hours trading Thursday, and continued to fall Friday morning, after the company said sales trends were ...
November 29, 2012 11:16 AM
Sauer-Danfoss (NYSE: SHS) acknowledged Wednesday that it received notice from Danfoss A/S of its intention to buy up all outstanding shares of Sauer-D ...
November 29, 2012 10:37 AM
Knight Capital Group (NYSE: KCG) received bidding offers from two market makers: Getco LLC and Virtu Financial LLC. Wednesday, Virtu made an offer to ...
November 28, 2012 10:43 AM
American Eagle Outfitters (NYSE: AEO) announced its earnings for the third quarter of 2012 Wednesday morning. Net sales increased by 11 percent to a r ...
November 28, 2012 10:21 AM
Costco Wholesale Corporation (Nasdaq: COST) reported sales figures on Wednesday. The company posted net sales of $8.15 billion for the month of Novemb ...
November 27, 2012 11:05 AM
Shares of Las Vegas Sands (NYSE: LVS) jumped in price after the company announced yesterday that it will pay out a special cash dividend of $2.75 per ...
November 27, 2012 9:21 AM
ConAgra Foods (NYSE: CAG) announced it will acquire Ralcorp Holdings (NYSE: RAH), a private-label food producer, for about $4.95 billion on Tuesday. T ...
November 26, 2012 10:22 AM
In a gently scathing New York Times op-ed, Warren Buffett argues that it would be absurd to believe raising the capital gains tax rate would discourag ...
November 26, 2012 10:08 AM
Sales on Black Friday, 2012 were down from years past. According to a survey conducted by ShopperTrak, sales totaled $11.2 billion on Black Friday, do ...
November 23, 2012 10:34 AM
U.S. stocks are expected to rise in a shortened post-Thanksgiving trading session. The session will end at 1:00 p.m. EST, and is expected to emphasiz ...
November 23, 2012 9:43 AM
After some back and forth between the two companies last month, CEO Sergio Marchionne of Fiat Industrial SpA (OTC: FIATY) has won enough support for a ...
November 21, 2012 9:54 AM
Scholastic Corporation (Nasdaq: SCHL) announced Tuesday that it has revised its earnings guidance for the fiscal year ending on May 31, 2013. Origi ...
November 21, 2012 9:05 AM
Deere & Company (NYSE: DE) reported its quarterly earnings Wednesday, posting a net income of $687 million, $1.75 per share. This is an improveme ...
November 20, 2012 12:39 PM
Brown Shoe Company (NYSE: BWS) announced third quarter numbers for FY 2012 Tuesday, reporting net sales of $732.2 million, up from $713.8 million in t ...
November 20, 2012 11:08 AM
The Board of Directors of Sturm, Ruger & Company, Inc. (NYSE: RGR) announced Monday that the company will be paying a special dividend of $4.50 pe ...